COF is shown on 1 15 minute chart. The trade idea is to play the drop in a bank stock as a reaction to the sticky inflation report and the idea that a rate cut already baked into stock price is about to come off the table. This is a risky reversal trade. However, with risk comes reward. The idea is on the chart. I will take a long trade here anticipating a...
The country’s ninth-largest bank, Capital One (NYSE: COF), shocked the finance world when it announced that it will buy Discover Financial Services (NYSE: DFS) for a staggering $35 billion. This all-stock deal is set to be one of the biggest M&A deals of 2024, bringing together two of the nation’s credit card giants to create a true global payments...
COF stock rallied Friday after financial services giant Capital One (COF) reported an upturn in earnings, topping Q3 estimates by a broad margin. Capital One Q3 earnings rose 6% to $4.45 per share early Friday after six quarters of double-digit declines. Revenue increased 6% to $9.34 billion. Analysts polled by FactSet expected earnings of $3.24 per share on...
With major weakness in the banking sector we are still seeing the contagion play out. Some banks are more at risk than others. Based off of a blow out in Credit Default Swaps. The bond market is showing there is tremendous risk in this bank. Just like Credit Suisse CD's blew out befroe the collapse, we are watching COF credit defaults blowout.
I started a series with the TOP10 largest bank in the USA. I went all the way through 8 and stopped... Let us finish now. Capital One (COF) is the 9th largest bank in the USA, the chart is also bearish and has been bearish since August 2021. This banking corporation as well as others have been going down for more than a year and the final phase of the bear...
ENTRY: 1.58 SL: 1.65 TP: 1.375 - ADX>25 - Daily RS -ve - Daily FFI -ve - Weekly RS -ve - Weekly FFI -ve - Moving averages are aligned. - Stoch RSI dipping down. - First breakdown on 2 Aug 2022 - Second breakdown on 7 Sep 2022 with retracement to near 10EMA and support-turn-resistance area (1.625). - Entry based on today >3% rebound off 10EMA but would like volume...
Play Catch with Capital One NYSE:COF 's Falling Wedge! You don't have to be athletic to play catch with Capital One's falling wedge pattern! Pattern Identified- Falling Wedge pattern on the weekly and daily chart. Play ball! Sweet Peace, MrALtrades00, Technical Analyst & Options Practitioner
ascending triangle detected on COF PE ratio : 6 great fundamentals and technical indicators
My Trading Bias for CSL is Bullish because after forming a High High, it has confirmed that it is in an uptrend. The recent pullback at Fib Retracement level of 78.6% has been good support, and Bullish price Action with a break of the Bearish Trendline coupled with High Volume indicates that COF should continue to the upside. TP1 - $2.150 TP2 - $2.230 Stoploss -...
Last week, Capital One restored their quarterly dividend to pre-COVID19 price levels. The company announced a quarterly cash dividend of 40 cents per share, up over 300% from the prior quarter. The dividend will be paid out on March 1st to shareholders of record as on February 17. The development excited investors enough and pushed Capital One shares to a new...
Although Capital One is involved with more than consumer credit cards, it doesn't feel like a great place to be with record unemployment -- while unpopular, I am taking the gamble that the longer term trend is closer to '08 style credit crisis. The indicators line up, as well as the exact price levels. If this sells off (starting with poor earnings next week?) and...
Hello! Friends, -This would be a great Buy Opportunity, IF NYSE:COF breaks up the Resistance at $62.42 !! - NYSE:COF is following PITCHFORK levels well. You can even trade only with its support and resistance .
Breakout and pullback is complete, ready to bounce, Target $77-80
Hi, today we are going to talk about Capital One and its current landscape. As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt culture....
2008 was a debt problem, we now have more debt $XLF $SPY $DJIA
$COF Capital One appears to have broken through resistance. Possible medium term targets on chart.
Was stopped out after previous post at 92.1. Now getting support at just about the level I have labeled "1" at 88.24. Some increase in volume last few days with a potential bullish diverge in the daily RSI. Going long again with my personal stop a close<88.24 My target highlighted. Process your way.